Payment Term Checker
About this app
The Payment Term Checker compares payment terms on posted invoices, purchase orders and vendor master data to identify unfavorable mismatches. The app is supported for SAP ECC, and is best for customers who process both POs and Invoices in SAP.
Note
Out of the box, the Payment Term Checker will only work with SAP. Any other connections will require additional configuration.
Key benefits of the app:
Drive Free Cash Flow improvements by avoiding paying invoices too early due to unfavorable mismatches.
Improve DPO by maximizing available payment terms.
Standardize payment terms usage by identifying vendors with multiple terms or inconsistent usage of payment terms.
Prerequisite
Latest version of the SAP ECC Accounts Payable Standard Process Connector